US stocks fell on Wednesday, breaking a four-session streak of gains after Washington's threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy shares. China responded to US President Donald Trump's threats by accusing the United States of bullying and warned that it would hit back. Industrial names including Boeing , 3M and Caterpillar , which have been among the hardest hit by the recent trade dispute, were among the Dow's biggest drags. Asian stocks remained under pressure on Thursday from fears of an escalation in the US-China trade war, while the dollar stood stall after rallying against its peers amid the turmoil in broader markets. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.25 percent.The index slumped 1 percent on Wednesday along with a slide in global equities after US President Donald Trump's threat of imposing tariffs on another USD 200 billion of Chinese goods deepened the trade row between the world's two largest economies.

Previous day Roundup

The Nifty50 which started on a mildly positive note failed to gain momentum seen in previous three consecutive sessions and closed flat on Wednesday. This as despite sharp weakness in global peers after the United States issued a new list of Chinese products worth USD 200 billion for potential 10 percent tariffs. The 50-share NSE Nifty index formed an indecisive pattern known as 'Doji' on the daily candlestick charts, which also resembles 'Spinning Top’ kind of pattern.The Nifty50 after opening at 10,956.40 traded in a range of 54 points (10,976.65-10,923.00) before closing 1 points higher at 10,948.30.

This script made a spinning top candle on 29 june then it started moving upward but just at its resistance level of 852 it has made a another spinning top candle here we can short around 836-834 tgt 825-815 sl above 842.

2. AUROPHARMA [FUTURE]

The particular counter is moving in a bearing trend since 1 week but has closed just above its crucial support level of 602 here we can buy on reversal so we advice to BUY AUROPHARMA FUTURE AROUND 602-605 TGT 612-620 SL BELOW 596

STOCK RECOMMENDATION [CASH]
LEMONTREE [CASH]

From the daily chart its clear that this stock has breaked its 1week average volume and closed above its crucial resistance level of 77.20 here we can go long around 78.25-79 Tgt 82-86 sl below 76

To say Epic Research Limited delivers reliable trading advice for traders to fulfill their goals and return expectations is very true.
Every day we come to work for 2 different things: thorough research on market movements & deliver those calls timely to our clients help make their investment at the right place. It was absolutely true when we started our company in 2008 and it's just as true today. We’re not just passionate purveyors of market research calls & advice but making trading a rewarding experience in all major segments which includes Stock Market News, Stock Market Live, Share Market News, Stock Market News Report, Live Stock Market News etc.

Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

Scoop Line(Instant Information Request)The easiest way to ask questions and request information from the PR community.

Advanced SearchDrill down, dig deep, for media information the way you want it.